700 N Peace Rd - Light Manufacturing CONDO FOR SALE


Dekalb, IL 60115
$699,000 USD
630-885-5785
700 N Peace Rd, Dekalb, IL for Sale
$699,000 USD
Light Manufacturing CONDO - FOR SALE
1/7
null | Request Cap Rate

700 N Peace Rd
Dekalb, IL 60115


HIGHLIGHTS

  • Located near I-88, NIU, and DeKalb Taylor Municipal Airport
  • Two-story layout with offices, warehouse, and mezzanine
  • Drive-in door and 14'-16' clear ceiling height
  • Ample onsite parking and low county taxes
  • Ideal for owner-user or light industrial operations
  • Surrounded by strong household demographics and workforce access

OVERVIEW

Positioned in a strategic DeKalb location just 2.5 miles north of I-88, this rare industrial/flex condo offering at 700 N Peace Rd presents a compelling opportunity for owner-users or investors seeking a versatile workspace. Units A & D span 9,715 square feet across two levels, with the main floor featuring six private offices, a reception area, break room with kitchenette, two restrooms, and expansive open areas for workstations and warehouse/shop use. The second floor adds two more offices, a display area, and additional prep and storage zones, ideal for light manufacturing, creative production, or hybrid office-warehouse operations. The property benefits from a 10'x14' drive-in door, 14'-16' ceiling heights, and ample onsite parking. Its proximity to DeKalb Taylor Municipal Airport, IL Route 38, and Northern Illinois University enhances logistical convenience and workforce accessibility. With low county taxes and a location within a growing regional hub, this asset is well-positioned for businesses seeking flexibility and long-term value.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Aspen Ridge

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

27,579 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,600 SF

ZONING

IND

APN/PARCEL ID

08-24-128-022

ASK ABOUT THIS PROPERTY

Dan J DolanDolan & Murphy, Inc.More Info
630-885-5785

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Dan J DolanDolan & Murphy, Inc.More Info
630-885-5785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.